U.S. Urology Devices Market is growing with factors such as the rise in the research and development of urology medical devices, the rise in incidence of urology conditions in the U.S. and the technological advancements in the urological devices. Increasing number of geriatric population and rise in product approvals also acts as a major factor for the growth of the market.
Strategic initiative by market players and rise in healthcare expenditure have propelled the demand of the market. However, rise in cost of urology devices, risk observed while using the urological devices and rise in product recall has decreased the demand of the market.
U.S. Urology Devices Market Scenario
According to Data Bridge Market Research, market leader is Fresenius SE & Co. KGaA which accounts an estimated market share of approximately 28.63% in the market. The company has gained outstanding sale by providing urology care products.
- In December, 2020, Fresenius SE & Co. KGaA had enhanced the use of home dialysis products and services in the U.S. region. The product enhancement would increase the demand of home dialysis products and increase the product revenue
Trends Impacting the Market
The U.S. urology devices market is becoming more competitive with companies like Fresenius SE & Co. KGaA, Baxter and Boston Scientific Corporation. These are the top dominating companies in urology devices market and have launched novel products in the market. The data bridge market research new reports highlight the major growth factors and opportunities in the U.S. urology devices market.
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Urology Devices Market Developments
- In February, 2022, the Dynarex Corporation, had announced its business expansion in Arizona, the U.S. The expansion facility has an area of 250,000 square foot and it would serve as distribution facility. The launch of the business unit in Arizona would consist of the disposable medical supplies, such as catheters and dialysis accessories. It would increase the customer base in the U.S., high levels of productivity and rise in availability and sales of the devices and accessories
- In December, 2021, Intuitive Surgical had launched the da Vinci surgical robot. The surgical robot perform non-invasive surgery in a best and safe effective manner. The product launch had resulted in Intuitive Surgical, performing more than 10 million surgical procedures. The launch had increased the net sales and product revenue of the da Vinci surgical robot and propelled the growth of the U.S. market
- In March 2021, Baxter received FDA clearance for the AK 98 Hemodialysis Machine. The FDA clearance received would result in enhanced safety and availability of the AK 98 Hemodialysis Machine in the dialysis centers of the U.S. region. It would provide the customers for choice of therapy and support
Scope of the Urology Devices Market
All country based analysis of the U.S. urology devices market is further analyzed based on maximum granularity into further segmentation. On the basis of product type, the U.S. urology devices market is segmented into dialysis equipment, urinary stone treatment devices, endoscopy devices, benign prostatic hyperplasia treatment devices, urinary incontinence & pelvic organ prolapsed and other products. On the basis of type, the U.S. urology devices market is segmented into instruments and consumables and accessories. On the basis of indication, the U.S. urology devices market is segmented into kidney diseases, overactive bladder, hematuria, urinary tract infection, kidney stones, premature ejaculation, benign prostatic hyperplasia, urological cancer, pelvic organ prolapse, Urethrotomies, urethral stricture and other disease. On the basis of technology, the U.S. urology devices market is segmented into minimally invasive surgery, robotic surgery and others. On the basis of end user, the U.S. urology devices market is segmented into hospitals & clinics, dialysis centers, clinical research laboratories, academic institutes and others. On the basis of distribution channel, the U.S. urology devices market is segmented into direct tenders, third party distribution and others.
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Key Pointers Covered in Urology Devices Market- Industry Trends and Forecast to 2029
- Market Size
- Top to Bottom Market Analysis
- Recent Developments for Market Competitors
- Recent Market Value for Different Countries
- Market value and over view of Urology Devices Market
- Company profiling of top eight players of Urology Devices Market
Key Market Competitors Covered in the Report
- Medtronic
- Siemens
- CooperSurgical, Inc.
- General Electric
- BD
- Stryker
- Boston Scientific Corporation
- Cardinal Health.
- Intuitive Surgical.
- Cook
- Olympus Corporation
- Med pro Medical B.V.
- Fresenius Medical Care AG & Co. KGaA
- Baxter.
- Richard Wolf GmbH.
- Dornier MedTech.
- KARL STORZ Se & Co Kg
- Dale Medical Products, Inc.
- Healthtronics, Inc.
- Medi Tech Devices Pvt. Ltd.
- Coloplast Corp.
- Remington Medical
- Medi-Globe GmbH
- Nikkiso Co., Ltd.
- B. Braun Melsungen AG
- Lumenis Be Ltd.
- Teleflex Incorporated
- Urocare Products, Inc.
- Dynarex Corporation and among others.
Above are the key players covered in the report, to know about more and exhaustive list of urology devices companies’, contact us: https://www.databridgemarketresearch.com/toc/?dbmr=us-urology-devices-market
Research Methodology: U.S. Urology Devices Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include vendor positioning grid, market time line analysis, market overview and guide, company positioning grid, company market share analysis, standards of measurement, top to bottom analysis and vendor share analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Primary Respondents
- Demand Side: Manufacturer, Urologists, Healthcare Industry, Laboratories, Research Laboratories
- Supply Side: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, and Regulatory Affairs Managers among others.
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